Biden admin slow-walked releasing John Kerry's financial disclosures for weeks

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President Biden's State Department dragged its feet for weeks before releasing climate czar John Kerry's public financial disclosures, which revealed new details about Kerry's wealth, including that he received $5 million from Bank of America as chair of the bank's Global Advisory Council.


Fox News first requested a copy of Kerry's financial disclosures on April 9 to no avail. While such requests are typically fulfilled in a day or two, that wasn't the case here — and it's not clear why.

Fox News sent the State Department five total requests for the documents before they were released, despite communications with an agency spokesperson who directed Fox News to contact the same email address to which the requests had already been sent.

The State Department only released the documents after Fox News informed the agency that it was preparing a story on the administration's refusal to comply with the records request. A State Department spokesperson then said they were "seeking an answer" about the document request.

Fox News received the documents the same day, April 29.

The State Department didn't immediately return a request for comment on the delay.

Kerry is one of the richest members of the Biden administration, and financial disclosure documents show that his wife owned fossil fuel-related stocks even as he traveled the world preaching about the existential threat of climate change.

According to a 2016 document, Kerry's wife, heiress Teresa Heinz, owned between $1.13 million and $2.87 million in oil and gas assets. Kerry's most recent periodic transaction report shows they sold as much as $15 million in stock holdings, including up to $15,000 in shares of Cabot Oil & Gas, up to $50,000 in ConocoPhillips and up to $50,000 in Valero, on March 11.

The State Department dragged its feet in releasing climate czar John Kerry's public financial disclosures (AP Photo/Evan Vucci)

Kerry also disposed of stock in other energy-related companies, including American Electric Power, ChampionX, Cimarex Energy Co., DTE Energy, Entergy, Exelon Corporation and ONE Gas.

"The State Department's Ethics Office reviewed Special Presidential Envoy Kerry's assets and investments upon his appointment to identify holdings that could pose a significant risk of a conflict of interest," a State Department spokesperson told Fox News. "Special Presidential Envoy Kerry agreed to divest the assets identified by the Ethics Office and has done so."

In addition to the $5 million from Bank of America he received in the last year or so, Kerry also received $125,000 in consulting fees from The Rise Fund, a private investment firm focused on environmental and social impact, an honorarium payment of $45,000 from Deutsche Bank and an honorarium payment of $90,000 from Zurich Insurance Company.

Evie Fordham Fox News